Check Business Loan Interest Rates of all major banks of mangaluru Instantly
| Bank Name | Floating Interest Rate | Processing Fee |
|---|
| MUFIN FINANCE | 13% to 22% | 2% of the loan amount |
| RBL BANK | 20.00% per annum, | 3% of loan amount |
| BAJAJ | 18% onwards | upto 3% of loan amount |
| TATA CAPITAL | 19 % | upto 2.75% of the loan amount + GST |
| BAJAJ | 18% onwards | upto 3% of loan amount |
| Zip Loan | 16 % | 2 % |
| IndusInd bank | 14.00% per annum | 2.50% |
| Prest loan | 15 % to 22 % | upto 3.00% of the total loan amount + Service Tax |
| Vistaar finance | 15 % to 25 % | upto 2% of the loan amount |
| FULLERTON | 13% to 16% per annum. | upto 2 % of the Loan Amount |
| Kotak Mahindra Bank | 16.00% per annum | Maximum 3% of the Loan I Facility Amount (plus GST |
| HDB bank | 13.99% | upto 2% of loan amount. |
| HDFC | 15.65% onwards | upto 2.50% of loan amount |
| ICICI | 16.49% | upto 2% (plus applicable taxes) |
| Incred Finance | 18% | upto 5% of the loan amount |
| Aditya birla | 17.00% - 26.00% | 2% of the loan amount |
| Lendingkart | 18% to 28% | upto 2% of the loan amount |
| AXIS | 14.25% onwards | upto 2% of loan amount + applicable taxes |
| Neo Growth | 18% to 24% | upto 2% of the loan amount |
| Punjab National Bank Business Loan | 12.6%- 15.60% | 1.8% + taxes |
| Bank of baroda | 14.10% per annum | upto 1% |
| IIFL | 18 to 25% p.a. | upto 3% of the loan amount |
| Federal Bank | 8.9% to 14% | upto 3% of the loan amount |
About mangaluru
“
Mangaluru is also known as Mangalore. It is the chief port city of Karnataka an Indian state. It is located 352 km west of Bangalore (state capital). It is situated between the Arabian Sea and the Western Ghats mountain ranges.
Mangaluru is the second major city in the Karnataka in every aspect after the state capital Bangalore. It is the only city with all modes of transportation including air, road, rail, and sea in Karnataka along with the five other major cities in the country.
Mangaluru is popular with the name of “Gateway of Karnataka”. The city is considered the second-best business destination in Karnataka after Bangalore in India. Various classical dance forms and folk arts are practiced in the Mangaluru city. Like Yakshagana (night-long dance & drama performance), Pilivesha (literally a tiger dance), Karadi Vesha (literally a bear dance).
The famous tourists’ destinations in Mangalaru are Panambur Beach, St Aloysius Chapel, Kudroli Gokarnath Temple, Kadri Manjunatha Temple, Sultan Battery, Kadri Hill Park, Pilikula Park and Golf Course, Tannirbhavi Beach, New Mangalore Port, Rosario Cathedral, Ullal Beach, Milagres Church, Mangaladevi Temple, Surathkal Beach, Sakleshpur, Bejai Museum and many others.
”About Business Loan in mangaluru
We aim to create a robust alternative credit ecosystem in the country. For this, we are digitizing the finance functions. Anywhere and everywhere – you can Apply for a Business Loan with just a few clicks.
Now, you can compare and make a wise choice for the best Business Loan in mangaluru also. We bring forth a myriad of options from best banks and NBFCs for your convenience. It’s simple! Choose your desired product and win amazing assured cash backs up to ₹ 5000 on loan disbursal.
Eligibility Criteria for Business Loan in mangaluru
No worries for strict eligibility conditions. We tie-up with all the best lenders in the mangaluru and help you with flexible eligibility criteria. Self-employed/professionals – hope you meet the following eligibility parameters.
- Applicants should own a business or engaged in practice since at least 1 year
- Self-employed applicants should be between 25 to 60 years
- Having net monthly income of Rs. 22,000
- Turnover of minimum Rs 20 lakhs
- Your ITR income should be equal to or above Rs 2,50,000
- The firm should have been incorporated at least 2 years before
Documents Required for Business Loan in mangaluru
We leverage existing and emerging technologies to offer you the complete digitalized process. Upload the required documents; it will take a few minutes.
- Identity Proof – Pan Card/Driving License/Passport/Voter ID Card
- Address Proof – Telephone or ElectrmangaluruBill/Ration Card/Lease Agreement/Trade License/Sales Tax Certificate
- Bank Statement – for the last 6 months statements
- Mandatory Documents – Memorandum & Articles of Association/Sole Proprietorship declaration (Business Certificate)
- Audited Financials – of last 3 years, signed by a C.A
- IT Returns – for the last 2 years
Benefits & features of taking Business Loan in mangaluru
Taking a business loan is an indispensable decision in one’s life. At mangaluru, we have a plethora of options with added benefits. Everything is online – you don’t need to visit the bank.
Get ready to leverage the following benefits –
- Instant Approval – Yes. SBI, ICICI, HDFC, IIFL and other players are offering instant paperless business loan approval. Apply at Afinoz, and we will help you avail the Business Loan at best rate.
- High Eligibility – Within a just few minutes, we will assess your business loan eligibility and suggest you the best available options in mangaluru. Our process is driven by automated technologies, and we help you get low EMI business Loan
- Balance Transfer – We will make you pay your EMI easily by reducing your debt amount. Transfer your Business Loan balance to save on money. Some lenders charge fee for a balance transfer.
Have a few clicks on our EMI Calculator and get your business loan EMI in quick time.
YES BANK
About
Yes Bank Limited is India’s fourth largest private sector bank headquartered in Mumbai, Maharashtra, India. Established in 00, the bank primarily operates as a corporate bank, with retail banking and asset management as subsidiary functions. As of March, 08, the bank had a network of ,00 branches; national operating centers; and ,7 ATMs and bunch note acceptors.
BankingWorking capital financeTerm loansCorporate financeLiquidity managementSalary accountFixed deposit accountSavings accountOrdinary account
ProductThe bank also offers retail banking solutions such as personal, secured business, home, construction equipment, car, super bike, commercial vehicle, gold loans, and loans against securities; business banking services to micro, small, and medium enterprises; and health care and printing equipment finance.
LoansPersonal loanSecured business loanHome loanConstruction equipment loanCar loanSuper bike loanCommercial vehicle loanGold loansLoans against securitiesMSME LoanHealth care equipment financePrinting equipment finance
INDUSIND BANK
About
Indusind Bank Limited is a new generation private bank. Established in 99, the bank is headquartered in Mumbai, India. It stands tall today as one of the reputed banks in the country. Indusind Bank operates more than 000 branches and over ,800 ATMs spread across the country. It also has representative offices in London, Dubai and Abu Dhabi.
BankingreasuryCorporate/Wholesale Banking,recurring deposits,corporate salary,Rupee multiplier products.Retail Banking,young saver deposits,urrent, savings, defense,and RFC accountsfixed depositsmutual fundsMy Account NumberQuick Redeem Services and 0 Days banking.Choice Money ATMsDirect ConnectCash-on-MobileCheck-on-Cheque
ProductThe bank provides various banking solutions to individuals, NRIs, business owners, corporate, government and financial Institutions. It operates through Treasury, Corporate/Wholesale Banking, Retail Banking, and other Banking Operations segments. The bank offers current, savings, defense, corporate salary, and RFC accounts; and fixed deposits, recurring deposits, young saver deposits, as well as Rupee multiplier products.
Loanshome loangold loansbusiness loan.Kisan loansterm loansInduind Kisan loansloan against propertytwo wheelerpersonalcar loaneducation loan
Cardcredit cards
PUNJAB NATIONAL BANK
About
Punjab National Bank (PNB) is an Indian multinational banking and financial services company. Established in 89, it is state-owned bank. Headquartered in New Delhi, India, the bank operates through a network of zonal offices, 7 circle offices, 98 branches, and 98 ATMs. PNB also operates a banking subsidiary in the UK, as well as branches in Hong Kong, Kowloon, Dubai and Kabul and representative offices in in Almaty (Kazakhstan), Dubai (UAE), Shanghai (China), Oslo(Norway), and Sydney (Australia). PNB and other major commercial banks were nationalized on 9 July 99.
BankingNet BankingMobile BankingSMS Banking
Productsaving deposit accountscurrent accountsfixed depositcapital gain account schemescorporate banking productsworking capital financing
LoansHousing loancar and two wheeler loanpersonal loanprofessional loaneducation loanmortgage loansMSME Loanterm loansloan against future lease rentals
CardRupay Credit CardRupay Debit CardVisa Credit CardVisa Debit CardMastercard Debit CardMastercard Credit CardPrepaid Cards
InsuranceLife InsuranceFire InsuranceTheft InsuranceHealth InsuranceTravel InsuranceHousehold goods & Accidental insurance
Popular productsaving deposit accountscurrent accountsfixed depositcapital gain account schemescorporate banking productsworking capital financing